Mohamed Haroun
E-customs services offered to private sector
Business
July 29, 2010
E-customs services offered to private sector
The Customs Authority last week held a bid for private-sector companies to provide electronic customs services in Cairo, Alexandria, Suez…
Egyptian real estate market lags in summer
Business
July 23, 2010
Egyptian real estate market lags in summer
Forecasts of a summer rebound in the Egyptian real estate market have proven overly optimistic. The market has been stuck…
Tax Authority: Traders must adhere to new cigarette prices
Business
July 4, 2010
Tax Authority: Traders must adhere to new cigarette prices
The Tax Authority has warned wholesale and retail cigarette traders against selling their wares at prices higher than those specified…
Iron factories export to Arab countries to counter recession
Business
June 20, 2010
Iron factories export to Arab countries to counter recession
Local factories and companies have begun exporting iron to Arab countries, primarily Libya and Sudan, after a three-year halt.Beshay Steel…
Suez Canal records highest revenue since November
Business
June 10, 2010
Suez Canal records highest revenue since November
The Suez Canal Authority announced at a press conference yesterday that Egypt's canal profits have jumped from LE342.2 million in…
Unemployment down to 9.12%
Business
May 30, 2010
Unemployment down to 9.12%
The Central Agency for Public Mobilization and Statistics (CAPMAS) has announced that the rate of unemployment has dropped to 9.12…
Iron factories to lower prices in June
Business
May 30, 2010
Iron factories to lower prices in June
Iron factories have reduced the prices of iron for June by around LE300. The average selling price of one ton…
Trade Ministry learns of tax increases from newspapers
Business
May 21, 2010
Trade Ministry learns of tax increases from newspapers
The Ministry of Trade and Industry learned of the increased taxes on iron, cement and cigarettes from newspaper articles, said…
Cement traders lower prices to offset poor sales
Business
May 19, 2010
Cement traders lower prices to offset poor sales
Cement sales have declined sharply due to slower building and construction activity throughout Egypt.The drop in demand has prompted several…
Low sales force iron factories to cut prices
Business
May 18, 2010
Low sales force iron factories to cut prices
Iron factories reduced their prices by LE200-300 in mid May due to a sharp decline in sales during the months…